Bloomberg HT55 minutes agoBusiness1 min readTürkiye

Share buyback decision from Garanti BBVA

It is planned to buy back shares with a maximum nominal value of 85 million TL within 3 years.

Quick Look

Garanti BBVA decided on a 3-year share buyback program with a maximum amount of 11 billion TL.
The program will start tomorrow and include the buyback of shares with a maximum nominal value of 85 million TL.

AI-generated summary

Why It Matters

According to the statement made by the bank, Garanti BBVA has decided on a share buyback program that will be implemented as of tomorrow.

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Garanti BBVA decided to launch a share buyback program that envisages allocating a maximum of 11 billion TL of funds.

According to the statement made by the bank, it was decided to buy back shares with a maximum nominal value of 85 million TL within the scope of the Share Buyback Program that will be implemented as of tomorrow.

While the duration of the program was determined as 3 years, the upper limit of the fund to be used in buyback transactions was announced as 11 billion TL.

Open Questions

At what price range will the buyback program be carried out?
Is it clear exactly how many shares will be repurchased within the scope of the program?

Share buyback decision from Garanti BBVA

It is planned to buy back shares with a maximum nominal value of 85 million TL within 3 years.

Quick Look

Garanti BBVA decided on a 3-year share buyback program with a maximum amount of 11 billion TL.
The program will start tomorrow and include the buyback of shares with a maximum nominal value of 85 million TL.

AI-generated summary

Why It Matters

According to the statement made by the bank, Garanti BBVA has decided on a share buyback program that will be implemented as of tomorrow.

Font size

Garanti BBVA decided to launch a share buyback program that envisages allocating a maximum of 11 billion TL of funds.

While the duration of the program was determined as 3 years, the upper limit of the fund to be used in buyback transactions was announced as 11 billion TL.

Open Questions

At what price range will the buyback program be carried out?
Is it clear exactly how many shares will be repurchased within the scope of the program?

Share buyback decision from Garanti BBVA

Quick Look

Why It Matters

Open Questions

Related Topics

Share buyback decision from Garanti BBVA

Quick Look

Why It Matters

Open Questions

Related Topics

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